4/5 Ocean Ave, Double Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 711m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Elevated in the sought after north easterly position is this well proportioned residence, offering the spacious feel of a house with the welcome ambience of natural light and sunshine throughout.
Newly polished timber flooring shines throughout the fluid living and dining spaces, encompassing floor-to-ceiling windows. A uniquely styled kitchen the hub of the home with a 5 burner European gas cook-top, dishwasher and breakfast bar providing both casual and formal dining.
Bedroom accommodation offers 3 peaceful bedrooms with a generously sized master bedroom and robes to all. Marble featured bathroom with internal laundry and clothes dryer included in addition to guest powder room.
The size of Double Bay is approximately 0.8 square kilometres. It has 6 parks covering nearly 10% of total area. The population of Double Bay in 2011 was 4,686 people. By 2016 the population was 4,647 showing a population decline of 0.8% in the area during that time. The predominant age group in Double Bay is 30-39 years. Households in Double Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Double Bay work in a professional occupation. In 2011, 55.2% of the homes in Double Bay were owner-occupied compared with 54.9% in 2016.
Double Bay has 3,674 properties. Over the last 5 years, Houses in Double Bay have seen a 58.78% increase in median value, while Units have seen a 27.37% increase. As at 31 October 2024:
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